Boxlight - BOXL Stock Forecast, Price & News

Boxlight Corporation develops, sells, and services interactive classroom technology products and solutions for the K-12 education market worldwide. The company provides interactive and non-interactive projectors, interactive flat panel displays, interactive touch projectors, touchboards, and MimioTeach that could turn any whiteboard interactive; and accessory document cameras, teacher pads for remote control, and assessment systems under the Mimio and Clevertouch brands. It also offers MimioStudio Interactive Instructional software that enables the creation, editing, and presentation of interactive instructional lessons and activities; MimioMobile, a software accessory for MimioStudio; Oktopus Instructional and Whiteboarding software that enables the creation, editing, and presentation of interactive instructional lessons and activities; Notes+, a software accessory for use with Oktopus software; and GameZones and MimioInteract, which are multi-student interactive gaming software. In addition, the company provides MimioClarity, a classroom audio solution; Mimio MyBot system that bridges the gap between learning about robotics in the classroom and the application of robotics; Robo3D printers; MyStemKits, which offers standards-driven lesson plans for grades K-12 math and science teachers; MimioView document camera; MimioVote, a student assessment system; and MimioPad, a wireless pen tablet, as well as peripherals and accessories, such as amplified speaker systems, mobile carts, installation accessories, and wall-mount accessories for interactive and standard projectors, and LED flat panels. Further, it offers classroom training, professional development, and educator certification services. The company was formerly known as Logical Choice Corporation. Boxlight Corporation was founded in 1985 and is headquartered in Lawrenceville, Georgia.

Analyst Ratings Changes

BOXL has been the subject of several research reports. Maxim Group restated a "buy" rating and set a $3.00 price objective on shares of Boxlight in a research report on Friday. HC Wainwright dropped their price target on Boxlight from $4.00 to $3.00 and set a "buy" rating on the stock in a report on Tuesday, May 17th.

Boxlight Trading Down 0.1 %

NASDAQ:BOXL traded down $0.00 on Tuesday, hitting $0.77. 1,322 shares of the company were exchanged, compared to its average volume of 492,325. Boxlight has a twelve month low of $0.48 and a twelve month high of $2.72. The company's 50 day moving average price is $0.67 and its 200-day moving average price is $0.94. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.99 and a quick ratio of 1.16. The firm has a market capitalization of $50.58 million, a P/E ratio of -4.52 and a beta of 2.99.

Insider Buying and Selling

In other news, Director James Mark Elliott sold 85,551 shares of the firm's stock in a transaction on Wednesday, June 8th. The stock was sold at an average price of $0.82, for a total value of $70,151.82. Following the completion of the sale, the director now owns 284,851 shares of the company's stock, valued at $233,577.82. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CTO Shaun Marklew sold 39,750 shares of Boxlight stock in a transaction on Tuesday, May 24th. The stock was sold at an average price of $0.93, for a total transaction of $36,967.50. Following the completion of the sale, the chief technology officer now owns 225,000 shares of the company's stock, valued at $209,250. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director James Mark Elliott sold 85,551 shares of the company's stock in a transaction dated Wednesday, June 8th. The stock was sold at an average price of $0.82, for a total value of $70,151.82. Following the completion of the transaction, the director now directly owns 284,851 shares in the company, valued at $233,577.82. The disclosure for this sale can be found here. In the last 90 days, insiders sold 147,993 shares of company stock valued at $126,518. Company insiders own 5.94% of the company's stock.